ELDERWORLD STUDIOS LTD

Company Registration Number:
14727949 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2026

Period of accounts

Start date: 01 April 2025

End date: 31 March 2026

ELDERWORLD STUDIOS LTD

Contents of the Financial Statements

for the Period Ended 31 March 2026

Balance sheet
Notes

ELDERWORLD STUDIOS LTD

Balance sheet

As at 31 March 2026


Notes
2026
2025


£
£
Fixed assets
Intangible assets: 3 4,765 31,077
Tangible assets: 4 2,577 3,847
Total fixed assets: 7,342 34,924
Current assets
Cash at bank and in hand: 221 52,086
Total current assets: 221 52,086
Creditors: amounts falling due within one year: 5 (28,484) (59,415)
Net current assets (liabilities): (28,263) (7,329)
Total assets less current liabilities: (20,921) 27,595
Provision for liabilities:   (4,769)
Total net assets (liabilities): (20,921) 22,826
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (21,021) 22,726
Shareholders funds: (20,921) 22,826

The notes form part of these financial statements

ELDERWORLD STUDIOS LTD

Balance sheet statements

For the year ending 31 March 2026 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 13 August 2026
and signed on behalf of the board by:

Name: Ashley Edward Crossland
Status: Director

The notes form part of these financial statements

ELDERWORLD STUDIOS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2026

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rate in order to write off each asset over its estimated useful life. Computer equipment 33% on reducing balance.

Intangible fixed assets and amortisation policy

Intangible assets relating to cryptocurrency are valued at fair value with any fair value movement recognised in the profit and loss and therefore no amortisation is considered necessary but as part of the fair value assessment an impairment review is carried out to ensure the value stated is the fair value held.

Other accounting policies

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

ELDERWORLD STUDIOS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2026

2. Employees

2026 2025
Average number of employees during the period 2 2

ELDERWORLD STUDIOS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2026

3. Intangible Assets

Total
Cost £
At 01 April 2025 31,077
Additions 1,765
Disposals (24,092)
Revaluations (3,985)
At 31 March 2026 4,765
Net book value
At 31 March 2026 4,765
At 31 March 2025 31,077

Intangible assets comprise the company's holding of cryptoassets (principally Cardano). Additions represent income received during the year (staking rewards and other receipts). Disposals represent the carrying value of cryptoassets sold or applied directly in settlement of business costs during the year. The revaluation reflects the movement in market value of the closing holding at the balance sheet date.

ELDERWORLD STUDIOS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2026

4. Tangible Assets

Total
Cost £
At 01 April 2025 6,461
At 31 March 2026 6,461
Depreciation
At 01 April 2025 2,614
Charge for year 1,270
At 31 March 2026 3,884
Net book value
At 31 March 2026 2,577
At 31 March 2025 3,847

Tangible assets comprise computer equipment (an Apple MacBook, a laptop, a monitor and keyboard, and a phone), depreciated at 33% on a reducing balance basis. No assets were acquired or disposed of during the year.

ELDERWORLD STUDIOS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2026

5. Creditors: amounts falling due within one year note

Creditors falling due within one year comprise amounts owed to the two directors, A E Crossland (£14,154.05) and J Sandham (£14,330.59), totalling £28,484.64, repayable on demand and interest-free. These amounts arose from salary and use of home as office credited to each director's account during the year and not drawn.

ELDERWORLD STUDIOS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2026

6. Loans to directors

Name of director receiving advance or credit: Ashley Edward Crossland
Description of the loan: Director's current account, a credit balance owed by the company to the director, comprising salary and use of home as office credited during the year and not drawn. This is not an advance or loan made to the director.
£
Balance at 01 April 2025 1,272
Advances or credits made: 12,882
Balance at 31 March 2026 14,154
Name of director receiving advance or credit: Jameel Sandham
Description of the loan: Director's current account, a credit balance owed by the company to the director, comprising salary and use of home as office credited during the year and not drawn. This is not an advance or loan made to the director.
£
Balance at 01 April 2025 1,449
Advances or credits made: 12,882
Balance at 31 March 2026 14,331

These figures represent director's current account (loan) balances owed by the company to each director (A E Crossland and J Sandham), not advances or loans made to the directors. Both arose from salary and use of home as office credited to each director's account during the year, which neither director drew in cash. Balances are repayable on demand and interest-free. No guarantees have been given by the company on behalf of either director, and no interest is charged on either balance.

ELDERWORLD STUDIOS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2026

7. Related party transactions